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Jan 7, 2013 8:00am EST
administration via the ftc keep implementing companies' privacy 30eu8s as de facto regulations. the companies will have to keep to their word, essentially, on privacy. and as we have seen with companies like facebook and inthat gram, when they change their word, there are enough people using them, and we see a public b backlash, and then we see the companies often have to buckle and backtrack on some of these changes. that has moved much quicker than any regulation could. so for now, i think, it's going to be status quo. we're going to keep having ?epts that are going to -- incidents that are going to outrage the public, but i really don't think washington moves quickly enough to respond to some of these concerns. >> guest: well, i would say do not track there's been these sort of voluntary talks. big event at the white house, the advertising industry promised to come to the table and work this out, and that didn't happen. so there were law makers and regulators including chairman leibowitz at the ftc who have been saying, well, we're going to give the industry a chance to try this on its own
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